/KASE, August 11, 08/ - Specialized Inter-district Economic Court (SIEC) of
Almaty, on August 8, 2008, dismissed the civil case on the claim of BCC Invest
JSC - Subsidiary of Bank CenterCredit JSC (Almaty) and Kazakhstan Stock
Exchange (KASE) on recognition as illegal of made by KASE Exchange Council
decisions of April 24, 2008, due to the fact that BCC Invest JSC - Subsidiary of
Bank CenterCredit JSC withdrew the claim.
Previously on August 7, 2008, KASE Exchange Council cancelled its decisions of
April 24, 2008 on approval of changes and additions # 10 into Regulations on
Membership and changes # 7 into Rules of Repo Transactions Execution, the
force of which was suspended by Almaty SIEC decision to ensure the claim of
Subsidiary of Bank CenterCredit JSC - BCC Invest JSC against KASE on
recognition as illegal of decisions, made by the Exchange Council on April 24,
2008.
The copy of mentioned decision of Almaty SIEC is available on KASE website
at
http://www.kase.kz/files/mix/isk_bcc_080808.pdf.
[2008-08-11]